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Asia FX: Navigating Yuan’s Muted Performance and Yen’s Crucial Rebound
BitcoinWorld Asia FX: Navigating Yuan’s Muted Performance and Yen’s Crucial Rebound For cryptocurrency enthusiasts, understanding the traditional financial markets, especially the Asia FX landscape, i...
China and ASEAN signed the upgraded free trade agreement
China and the Southeast Asian bloc ASEAN have inked a revised trade pact that broadens their collaboration into digital and green sectors. The upgraded “version 3.0” of the Free Trade Agreement was of...
New U.S. and China port fees have reduced the number of cargo ships
The availability of cargo ships for transporting goods has dropped sharply following the introduction of new port fees by the U.S. and China. Industry leaders warn that this could lead to higher consu...
EU and China's officials stress on cooperation in the face of tariffs
Top officials from China and the European Union met in New York this week to discuss ways to work together as both face mounting pressure from American trade policies under President Donald Trump. Chi...
China USD Conversion: Unveiling Concerning Shifts in Export Dynamics
BitcoinWorld China USD Conversion: Unveiling Concerning Shifts in Export Dynamics In the ever-evolving landscape of global finance, macro trends often cast long shadows, influencing everything from tr...
China’s yuan hits 9-year high vs dollar, while collapsing vs Europe and Japan
The yuan just climbed to its strongest level against the U.S. dollar in nine years, trading at 7.118 per dollar on Monday, according to data from CNBC. At the same time, it’s been sinking against ever...
China accuses the U.S. of “unilateral bullying” over calls to impose tariffs on Russia
China came out swinging on Monday, accusing the United States of using “unilateral bullying” to force allies into slapping tariffs on Chinese goods over its oil dealings with Russia. The statement was...
Trump plans major sanctions on Russian oil, but wants the EU to act first
The European Union is finalizing its 19th sanctions package against Russia, targeting everything from oil flows to crypto platforms to banking systems, according to Bloomberg. These new restrictions w...
China’s economy lost momentum in August
China’s economy lost momentum for another month in a row, with fresh data showing a deeper-than-expected slowdown and a sharp pullback in investment. The figures raise the odds that Beijing will add s...
China is bailing out over $1 trillion in unpaid local government debts to private firms
China is preparing a major bailout to clear over $1 trillion in unpaid bills local governments owe to private companies, according to Bloomberg. The plan involves getting China Development Bank and ot...
Asian Forex Market Faces Crucial Uncertainty Amid US Rate Cut Hopes and Stagnant China Inflation
BitcoinWorld Asian Forex Market Faces Crucial Uncertainty Amid US Rate Cut Hopes and Stagnant China Inflation In the dynamic world of finance, where every ripple can create a wave, the movements withi...
Trump urged the EU to impose 100% tariffs on imports from India and China
Donald Trump has called on the European Union to impose 100% tariffs on Indian and Chinese goods, making the demand during a meeting with senior U.S. and EU officials in Washington this week. The move...